What is the definition of Trade Discount?
Menu
Trade Discount
Replies (3)
trade discount is a discount which is given at the time of selling the goods. it is not accounted for in the books of accounts. just the selling price is reduced by the trade discount and the purchase as well as sell is recorded at that reduced price.
THANKS
Recent Topic
- Bricks Klin
- Compile error in hidden module: Sheet1. (ITR 5 exc
- Is there a way to get refund for 26QB if paid twic
- How Important Is an MBA Course for Career Growth i
- Learn - How to Take Free Scheduled Auto Backup on
- UPi/Banking Remarks
- URGENT CLARIFICATION NEEDED REGARDING SFT- 005, PL
- What is the nature of business for Pranic Healing
- GST Clarification for billing
- Already tax paid Refund or
Related Topics
CAclubindia
